Our pivot point stands at 1.9801.
Our preference: the downside prevails as long as 1.9801 is resistance.
Alternative scenario: above 1.9801, look for 1.9907 and 1.9970.
Comment: the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 1.9724 and 1.9735).
Supports and resistances:
1.9970 **
1.9907 *
1.9801 **
1.9713 last
1.9575
1.9512 **
1.9449 *
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 05-13-2026 at 02:00 UTC+1
Price reference: 1.9713 last known on 05-13-2026 at 02:00 UTC+1
Investment horizon: INTRADAY
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